NAMI: Prices for Cattle at Record Highs; Grassley-Fischer & Special Investigator Bills Costly
With the U.S. House and Senate considering legislation to intervene in beef and cattle markets, prices for cattle are at or near record highs calling into question the need for heavy-handed government interference.
“Just last week one cattle marketing analyst described the high prices as ‘stratospheric,’” said Julie Anna Potts, President and CEO of the North American Meat Institute. “As many industry economists have said, the beef and cattle markets are continuing to behave predictably given supply and demand and do not need government mandates and...
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